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<br />~ <br />C':l <br />co <br /> <br />39 <br /> <br />1 winston Boyer. Mr. Boyer? <br /> <br />2 <br /> <br />l~t. BOYER: Thank you. I would like to rebut ~rr. Dunn's <br /> <br />3 statement that he gave just after mine, my talk, that the money <br /> <br />4 has been earned or already taxed for this Savery-Pot Hook project. <br /> <br />5 In my conversation after him. afterward, he stated that the land <br /> <br />6 owners benefitting would only have to pay back twenty percent of <br /> <br />7 the eighty million dollars. In other words. eighty percent of <br /> <br />8 this money will be going into the money market, in an inflationar <br /> <br />9 way, and during these times this terrific inflation in this <br /> <br />10 country, or. any other time. we don't want inflation. These are <br /> <br />11 the things that cause inflation, when a profit isn't made on <br /> <br />12 anything, whether it's private business or government business. <br /> <br />13 you have an inflationary condition. That's all I have to say. <br /> <br />14 <br /> <br />MODERATOR: Thanks, Mr. Boyer. We again appreciate your <br /> <br />15 being here and giving us the benefit of your views in these pro- <br /> <br />16 ceedings. <br /> <br />17 I take it that there are no other people present who <br /> <br />18 at this time would like to testify? That being the case, we will <br /> <br />19 <br /> <br />again recess dependent upon recall at any time between now and <br /> <br />20 <br /> <br />4:00, if there should appear to be persons who want to testify. <br /> <br />21 <br /> <br />We stand in recess. <br /> <br />22 <br /> <br />MR. BOYER: Thank you very much. <br /> <br />23 <br /> <br />(WHEREUPON, a recess was taken at 2:19 p.m.) <br /> <br />24 <br /> <br />(WHEREUPON. the proceedings concluded.) <br /> <br />25 <br />